Period
to 18 November 2017

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Monte Carlo Method skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Monte Carlo Method over the 6 months to 18 November 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Monte Carlo Simulation
UK > England
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 796 825 804
Rank change year-on-year +29 -21 +10
Contract jobs citing Monte Carlo Method 35 48 61
As % of all contract IT jobs advertised in England 0.037% 0.049% 0.058%
As % of the Processes & Methodologies category 0.044% 0.058% 0.071%
Number of daily rates quoted 23 39 47
England median daily rate £575 £550 £625
Median daily rate % change year-on-year +4.55% -12.00% +4.17%
10th Percentile £500 £398 £315
90th Percentile £775 £685 £813
UK median daily rate £575 £550 £613
% change year-on-year +4.55% -10.20% +2.08%
Number of hourly rates quoted 0 0 3
England median hourly rate - - £40.00
UK median hourly rate - - £40.00

Monte Carlo Method is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for process or methodology skills.

All Process and Methodology Skills
England
Contract vacancies with a requirement for process or methodology skills 79501 82625 86049
As % of all contract IT jobs advertised in England 84.69% 84.18% 81.94%
Number of daily rates quoted 53476 55123 56736
England median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.19% +5.00%
10th Percentile £288 £265 £263
90th Percentile £638 £613 £600
UK median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 1856 2135 2506
England median hourly rate £24.00 £24.41 £22.50
Median hourly rate % change year-on-year -1.68% +8.49% +18.42%
10th Percentile £11.38 £11.50 £11.50
90th Percentile £50.00 £48.75 £47.50
UK median hourly rate £23.63 £24.00 £22.50
% change year-on-year -1.56% +6.67% +18.42%

Monte Carlo Method
Job Vacancy Trend in England

Job postings citing Monte Carlo Method as a percentage of all IT jobs advertised in England.

Job vacancy trend for Monte Carlo Method in England

Monte Carlo Method
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Monte Carlo Method in England.

Contractor daily rate trend for Monte Carlo Method in England

Monte Carlo Method
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Monte Carlo Method in England over the 6 months to 18 November 2017.

Contractor daily rate histogram for Monte Carlo Method in England

Monte Carlo Method
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Monte Carlo Method in England.

Contractor hourly rate trend for Monte Carlo Method in England

Monte Carlo Method
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Monte Carlo Method within the England region over the 6 months to 18 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -12 34 £575 -4.17% 3
South East +13 1 £330 - 1
Monte Carlo Method
UK

For the 6 months to 18 November 2017, IT contractor jobs citing Monte Carlo Method also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Monte Carlo Method.

1 23 (65.71%) Finance
2 17 (48.57%) Banking
3 16 (45.71%) SQL
4 15 (42.86%) Mathematics
5 13 (37.14%) C#
5 13 (37.14%) Front Office
6 12 (34.29%) C++
6 12 (34.29%) Credit Risk
6 12 (34.29%) TDD
7 10 (28.57%) Foreign Exchange (FX)
8 9 (25.71%) Risk Management
9 8 (22.86%) Microsoft
9 8 (22.86%) Computer Science
10 7 (20.00%) Agile Software Development
11 6 (17.14%) Subversion
11 6 (17.14%) .NET
11 6 (17.14%) Market Risk
11 6 (17.14%) JIRA
11 6 (17.14%) WCF
11 6 (17.14%) WPF
11 6 (17.14%) CUDA
11 6 (17.14%) Analytical Skills
11 6 (17.14%) Quantitative Finance
12 5 (14.29%) Derivative
12 5 (14.29%) Degree
12 5 (14.29%) SQL Server
12 5 (14.29%) ASP.NET
12 5 (14.29%) Microsoft Excel
12 5 (14.29%) Investment Banking
12 5 (14.29%) Validation

Monte Carlo Method
Co-occurring IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (2.86%) SharePoint
Applications
1 5 (14.29%) Microsoft Excel
Cloud Services
1 1 (2.86%) Microsoft Azure
Database & Business Intelligence
1 5 (14.29%) SQL Server
2 3 (8.57%) Data Mining
2 3 (8.57%) Data Warehouse
3 1 (2.86%) Big Data
Development Applications
1 6 (17.14%) JIRA
1 6 (17.14%) Subversion
2 4 (11.43%) MSTest
General
1 23 (65.71%) Finance
2 17 (48.57%) Banking
3 13 (37.14%) Front Office
4 5 (14.29%) Investment Banking
5 1 (2.86%) Legal
Job Titles
1 17 (48.57%) Developer
2 12 (34.29%) Analyst
3 9 (25.71%) C# Developer
4 8 (22.86%) Qualitative Analyst
4 8 (22.86%) Quantitative Analyst
4 8 (22.86%) Quantitative Developer
5 5 (14.29%) Business Analyst
5 5 (14.29%) C++ Developer
5 5 (14.29%) C++ Quantitative Developer
5 5 (14.29%) Risk Business Analyst
5 5 (14.29%) Senior Developer
5 5 (14.29%) SQL Developer
6 4 (11.43%) Market Analyst
6 4 (11.43%) Market Risk Analyst
6 4 (11.43%) Market Risk Business Analyst
6 4 (11.43%) Risk Analyst
6 4 (11.43%) Senior C# Developer
6 4 (11.43%) Senior SQL Developer
7 3 (8.57%) Senior Analyst
7 3 (8.57%) Senior Quantitative Analyst
Libraries, Frameworks & Software Standards
1 6 (17.14%) .NET
1 6 (17.14%) WCF
1 6 (17.14%) WPF
2 5 (14.29%) ASP.NET
3 1 (2.86%) REST
Miscellaneous
1 12 (34.29%) Credit Risk
2 10 (28.57%) Foreign Exchange (FX)
3 8 (22.86%) Computer Science
4 6 (17.14%) Analytical Skills
4 6 (17.14%) CUDA
4 6 (17.14%) Market Risk
5 5 (14.29%) Derivative
5 5 (14.29%) Fixed Income
6 3 (8.57%) Algorithms
6 3 (8.57%) Grid Computing
7 1 (2.86%) Driving Licence
7 1 (2.86%) Equities
7 1 (2.86%) Equity Derivative
7 1 (2.86%) Exotic Derivative
7 1 (2.86%) Management Information System
7 1 (2.86%) Swaptions
Operating Systems
1 2 (5.71%) Windows
Processes & Methodologies
1 15 (42.86%) Mathematics
2 12 (34.29%) TDD
3 9 (25.71%) Risk Management
4 7 (20.00%) Agile Software Development
5 6 (17.14%) Quantitative Finance
6 5 (14.29%) Validation
7 4 (11.43%) Bayesian Methods
7 4 (11.43%) BDD
7 4 (11.43%) Continuous Improvement
7 4 (11.43%) Migration
7 4 (11.43%) Scrum
7 4 (11.43%) Statistics
7 4 (11.43%) Test Automation
8 3 (8.57%) Cluster Analysis
8 3 (8.57%) Data Architecture
8 3 (8.57%) Data Migration
8 3 (8.57%) Regression Analysis
8 3 (8.57%) Regression Testing
8 3 (8.57%) Stochastic Modelling
8 3 (8.57%) Time Series Analysis
Programming Languages
1 16 (45.71%) SQL
2 13 (37.14%) C#
3 12 (34.29%) C++
4 4 (11.43%) Python
5 2 (5.71%) F#
5 2 (5.71%) VBA
Qualifications
1 5 (14.29%) Degree
2 4 (11.43%) Computer Science Degree
3 1 (2.86%) CISA
3 1 (2.86%) CISM
3 1 (2.86%) CISSP
3 1 (2.86%) CRISC
Quality Assurance & Compliance
1 3 (8.57%) EMIR
1 3 (8.57%) MiFID
2 1 (2.86%) PCI DSS
Vendors
1 8 (22.86%) Microsoft
2 3 (8.57%) Informatica
2 3 (8.57%) Oracle
3 1 (2.86%) Infragistics
3 1 (2.86%) Murex
3 1 (2.86%) SAP